Isatas - by definition if PDN went 23c to 42c and uranium spot went $28 to $45, then PDN outperformed on a % basis.
though havign said that Im only saying pdn bottom was 23c is out of memory - pretty sure i recall seeing it at that level. certainly I saw it hit 27c.
i never said it should be an equal relationship. stocks are typically logarithmic in relationship to commodity price.
the fact pdn;s % gain is almost identical to commodicty is just chance.
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Last
$8.33 |
Change
-0.430(4.91%) |
Mkt cap ! $2.490B | |||
| Open | High | Low | Value | Volume |
| $8.61 | $8.68 | $8.28 | $23.77M | 2.809M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9135 | $8.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.36 | 2699 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |